Arnold Ames, a partner in an accounting ﬁrm, discovers that one of his clients omitted a substantial amount of gross income. Arnold should immediately notify his partners and the IRS.

Name: Arnold Ames, a partner in an accounting ﬁrm, discovers that one of his clients omitted a substantial amount of gross income. Arnold should immediately notify his partners and the IRS.
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Question

Quizplus · Accepted Answer

It is not the responsibility of an accountant to notify the IRS (see AICPA Statement No. 6).

Arnold Ames, a Partner in an Accounting ﬁRm, Discovers That